By: AMO Lawyers
1. Drafted by Prasetyo Maulana Nugroho S.os
2. Review by Noverizky Tri Putra Pasaribu S.H LL.M (Adv)
In order to boost Indonesian economic growth, and to enhance an advancement of locals company to expand globally. PT Veritra Sentosa International (“VSI”) or widely known as the Paytren has appointed AM | Oktarina Counselors at Law (“AMO”) to assist and established a cooperation with one of the biggest e-money companies in the Philippines.
As you may aware, PayTren”, is a well-known payment gateway in Indonesia. PayTren is a mobile transaction application for various types of payments and purchases that provide many benefits from every transaction. This transaction is based on cashless approach, its so massive, and required global expansion.
For advancing PayTren product globally, VSI cooperate with AMO to establish a new company in Philippines. This cooperation may give abundant possibilities for economic and investment cooperation between both countries.
This cooperation will provide and extensive support for any other Indonesian Nationals and Companies to bravely expand local business abroad, armed with a appropriate legal protection, and so on. Thus with the appropriate legal certainty and protection, we hope that this cooperation could encourage any possible business and/or investments which in turn could give great contribution in economic growth for both countries.